By Asad Cheema
ISLAMABAD: The State Bank of Pakistan (SBP) has said that during first eight months of current financial year (2019-20), the United States of America (USA) remained the top export destination of the Pakistani products followed by China and United Kingdom (UK).
The SBP on Tuesday said that total exports to the USA during July-February (2019-20) were recorded at US $ 2755.213 million against the exports of US $ 2687.053 million during July-February (2018-19), showing an increase of 2.53 percent during the period under review.
This was followed by China, wherein Pakistan exported goods worth $ 1179.304 million against the exports of $1156.774 million last year, showing nominal increase of 1.94 percent. UK was the at third top export destination, where Pakistan exported products worth US $ 1141.808 million during the current financial year against the exports of US $ 1172.866 million during last fiscal year, showing decrease of 2.64 percent, SBP data revealed.
Among other countries, Pakistani exports to United Arab Emirates (UAE) stood at US $ 1100.851 million against $ 855.643 million during last year, showing increase of 28.65 percent while the exports to Germany were recorded at US $ 909.754 million against US $ 871.801 million last year, the data revealed.
